United Commercial Bank (DHA:UCB) Interest Expense : BDT-24,188 Mil (TTM As of Mar. 2024)

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What is United Commercial Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Commercial Bank's interest expense for the three months ended in Mar. 2024 was BDT -6,954 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was BDT-24,188 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. United Commercial Bank's Operating Income for the three months ended in Mar. 2024 was BDT Mil. United Commercial Bank's Interest Expense for the three months ended in Mar. 2024 was BDT Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

United Commercial Bank Interest Expense Historical Data

The historical data trend for United Commercial Bank's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Commercial Bank Interest Expense Chart

United Commercial Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-20,514.96

-18,160.01

-14,446.79

-17,337.22

-22,467.96

United Commercial Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-5,234.06	-5,473.67	-5,750.51	-6,009.74	-6,954.27

United Commercial Bank Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-24,188 Mil.

United Commercial Bank (DHA:UCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Commercial Bank PLC (DHA:UCB) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Road No. - 34, Gulshan Avenue, Plot - CWS- (A)-1, Dhaka, BGD, 1212

Website

https://www.ucb.com.bd

United Commercial Bank PLC is a commercial bank. The company through its delivery channels and subsidiaries offers a wide range of banking products and services to corporate, SME, and retail customers. Its products and services include deposit products like current deposit, fixed deposit, and UCB Multi-Millionaires. Loan products such as trade finance, import finance, loan syndication, and pacing credit. It also provides other services such as Western Union Money Transfer, online services internet banking. The reportable segments of the company are Corporate Banking, SME Banking, Consumer Banking, Treasury, Investment Banking, Offshore Banking, Card and Alternate Delivery Channel, Mobile Financial Services, and Agent Banking.

United Commercial Bank (DHA:UCB) Headlines

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